Yung main concept ng warrant ay parang "call option", wherein you have the right to buy 1 stock of MEG at Php1.00 during "exercise date". Habang hindi pa exercise date, pwedeng i-trade yan just like any other stock (buy & sell).

I believe there is a certain time period kung kelan pwede mag-start i-exercise ang warrants (kung gusto ng holder). Meron yan expiration date, so kapag lagpas na doon, wala nang silbi yung hawak mong warrant (in the case when MEG prices will still be below piso, then there would be no reason for you to use it anymore).

Bale kelangan mo i-exercise ang 1 warrant + (pay)Php1.00 = 1 new MEG share. New shares are created; thus, if in the case all available warrants will be exercised, this will have some dilutive effect to other shareholders.

I believe there is a certain time period kung kelan pwede mag-start i-exercise ang warrants (kung gusto ng holder). Meron yan expiration date, so kapag lagpas na doon, wala nang silbi yung hawak mong warrant (in the case when MEG prices will still be below piso, then there would be no reason for you to use it anymore).

Bale kelangan mo i-exercise ang 1 warrant + (pay)Php1.00 = 1 new MEG share. New shares are created; thus, if in the case all available warrants will be exercised, this will have some dilutive effect to other shareholders.